Paramount Pictures has filed a US lawsuit claiming that a Mission: Impossible 7 insurance payout compensated for only a fraction of Covid-linked losses.
The studio said production was forced to stop seven times during the pandemic, for reasons including coronavirus cases among the crew and travel restrictions in the UK and Italy.
Paramount says the Federal Insurance Company paid out $5 million. However, the studio insists its incurred losses “far exceeded” that number. The Federal Insurance Company has yet to release a statement.
The production issues Mission: Impossible 7 faced during the pandemic have been emblematic of what the global film and TV industry as a whole has been enduring. After numerous delays, the Tom Cruise-starring action flick is now scheduled for a May 2022 release.
Paramount noted in the lawsuit that the film’s shoot was scheduled to begin in Venice in February 2020. However, production came to a halt when one of the people working on the film became sick with the virus. Filming then moved to Rome in March 2020, but was pushed back as Covid-19 restrictions were imposed in Italy.
A coronavirus outbreak among the crew in October 2020 yet again forced production to move back to Venice. Several crew members and extras tested positive.
The UK wing of production was forced to stop in February 2021 after a rise in Covid-19 cases. Filming then moved to the UAE, where a series of stringent measures ensured a Covid-free set throughout production. Filming in the UK was further delayed by government restrictions. In June, more members of the cast and crew tested positive while in the UK.
According to Paramount, Federal claimed that many of the losses incurred were not covered by the insurance and it would not compensate for production stopped by positive tests.
"Remarkably, Federal stated that there was no evidence that those cast and crew members could not continue their duties, despite being infected with Sars-Cov-2 and posing an undeniable risk to other individuals involved with the production," the Paramount lawsuit said.
The studio is now looking for a jury trial. It has not specified how much money it has lost owing to the shutdowns.
More coverage from the Future Forum
ZAYED SUSTAINABILITY PRIZE
Results
6.30pm: Mazrat Al Ruwayah – Group 2 (PA) $36,000 (Dirt) 1,600m, Winner: RB Money To Burn, Tadhg O’Shea (jockey), Eric Lemartinel (trainer)
7.05pm: Handicap (TB) $68,000 (Turf) 2,410m, Winner: Star Safari, William Buick, Charlie Appleby
7.40pm: Meydan Trophy – Conditions (TB) $50,000 (T) 1,900m, Winner: Secret Protector, William Buick, Charlie Appleby
8.15pm: Al Maktoum Challenge Round 2 - Group 2 (TB) $293,000 (D) 1,900m, Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass
8.50pm: Al Rashidiya – Group 2 (TB) $163,000 (T) 1,800m, Winner: Zakouski, William Buick, Charlie Appleby
9.25pm: Handicap (TB) $65,000 (T) 1,000m, Winner: Motafaawit, Sam Hitchcock, Doug Watson
Sholto Byrnes on Myanmar politics
RESULTS
Dubai Kahayla Classic – Group 1 (PA) $750,000 (Dirt) 2,000m
Winner: Deryan, Ioritz Mendizabal (jockey), Didier Guillemin (trainer).
Godolphin Mile – Group 2 (TB) $750,000 (D) 1,600m
Winner: Secret Ambition, Tadhg O’Shea, Satish Seemar
Dubai Gold Cup – Group 2 (TB) $750,000 (Turf) 3,200m
Winner: Subjectivist, Joe Fanning, Mark Johnston
Al Quoz Sprint – Group 1 (TB) $1million (T) 1,200m
Winner: Extravagant Kid, Ryan Moore, Brendan Walsh
UAE Derby – Group 2 (TB) $750,000 (D) 1,900m
Winner: Rebel’s Romance, William Buick, Charlie Appleby
Dubai Golden Shaheen – Group 1 (TB) $1.5million (D) 1,200m
Winner: Zenden, Antonio Fresu, Carlos David
Dubai Turf – Group 1 (TB) $4million (T) 1,800m
Winner: Lord North, Frankie Dettori, John Gosden
Dubai Sheema Classic – Group 1 (TB) $5million (T) 2,410m
Winner: Mishriff, John Egan, John Gosden
SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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UAE currency: the story behind the money in your pockets
Dhadak
Director: Shashank Khaitan
Starring: Janhvi Kapoor, Ishaan Khattar, Ashutosh Rana
Stars: 3
Company%20profile
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MATCH INFO
Uefa Champions League semi-final, first leg
Bayern Munich v Real Madrid
When: April 25, 10.45pm kick-off (UAE)
Where: Allianz Arena, Munich
Live: BeIN Sports HD
Second leg: May 1, Santiago Bernabeu, Madrid
UAE currency: the story behind the money in your pockets
STAY%2C%20DAUGHTER
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TECH%20SPECS%3A%20APPLE%20IPHONE%2014%20PLUS
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Try out the test yourself
Q1 Suppose you had $100 in a savings account and the interest rate was 2 per cent per year. After five years, how much do you think you would have in the account if you left the money to grow?
a) More than $102
b) Exactly $102
c) Less than $102
d) Do not know
e) Refuse to answer
Q2 Imagine that the interest rate on your savings account was 1 per cent per year and inflation was 2 per cent per year. After one year, how much would you be able to buy with the money in this account?
a) More than today
b) Exactly the same as today
c) Less than today
d) Do not know
e) Refuse to answer
Q4 Do you think that the following statement is true or false? “Buying a single company stock usually provides a safer return than a stock mutual fund.”
a) True
b) False
d) Do not know
e) Refuse to answer
The “Big Three” financial literacy questions were created by Professors Annamaria Lusardi of the George Washington School of Business and Olivia Mitchell, of the Wharton School of the University of Pennsylvania.
Answers: Q1 More than $102 (compound interest). Q2 Less than today (inflation). Q3 False (diversification).
COMPANY%20PROFILE%20
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UAE currency: the story behind the money in your pockets
UAE currency: the story behind the money in your pockets
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